109 Read Ave, #D, Dewey Beach (Rehoboth Beach), DE 19971 Property Records

Sussex County property record for 109 Read Ave, #D, Dewey Beach, DE 19971

Property Summary

Property Type	Duplex
Details	4 bd · 960 sqft · built 1988
Lot Size	0.072 acres (3,119 sqft)
Owner	2 Individual Names on File
Last Sale	$1,350,000 (Jul 2026)
Tax Bill	$2,328 (2026)
Deeds & Mortgages	Jul 2026 Sale & Mortgage May 2021 Refinance + 1 more
Flood Zone	Zone AE (high risk)
APN	`334-20.18-83.03`

Property Details

APN / Parcel Number

Primary APN	`334-20.18-83.03`

Interior

Bedrooms	4 Beds
Plumbing Fixtures	15 Plumbing Fixtures
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	960 sqft Living Area
Elevator	Elevator

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Architectural Style	Duplex Single
Lot Area	3,119 sqft (0.072 acres)
Lot Dimensions	104 ft deep x 30 ft wide

Location & Zoning

Street Address	109 READ AVE, D
City	DEWEY BEACH
State	DE
Zip	19971-3217
Property Category	Residential
Property Type	Residential > Multi-Unit > Duplex
Local Zoning Code	TN
Legal Description	OVER THE BAY VIEW 109D
Legal Subdivision	DEWEY BEACH
Legal Unit	109D
Jurisdiction	SUSSEX DE
Township / Civil Division	LEWES
Census Block Group	2
Census Block	2016
Census Tract	51103

Owner

109 Read Ave, #D is owned by two individuals who bought it in July 2026.

Source: Sussex County records, as of September 18, 2026

Owner of Record	2 Individual Names on File
Mailing Address	1001 BRADFORD LN, MOUNT AIRY, MD 21771-3201
Owner Type	Individual
Vesting	Tenants by the Entirety

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jul 14, 2026	Warranty Deed, Transfer · Conventional Mortgage MERIDIAN BANK
May 24, 2021	Deed of Trust, Mortgage · Stand-Alone Refinance TRUIST BANK
Nov 7, 2019	Deed of Trust, Mortgage · Line of Credit WELLS FARGO BK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 14, 2026 · Amount on File
Deed Sale	Jul 14, 2026 · Amount on File
Prior Sale	Mar 13, 1992
Deed Document Number	202626867
Deed Book / Page	6542 / 262
Record Updated	Oct 29, 2026

July 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SUSSEX DE
Recording Date	Jul 14, 2026
Property Address	109 READ AVE, D, DEWEY BEACH, DE 19971-3217
Document Number	0000026867
Book / Page	6542 / 262
Instrument Date	Jun 25, 2026
Instrument	202626867
Transaction Type	Transfer
Record Updated	Jul 22, 2026
Title Company	CERTIFIED TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,454,000.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	1001 BRADFORD LN, MOUNT AIRY, MD 21771-3201

Mortgage

Document Number	0000026868,
Date	Jul 14, 2026
Instrument	202626868

Lender

Name	MERIDIAN BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 1, 2056

Interest

Rate Type	Fixed Rate
Rate	6.53%
Initial Type	Fixed Rate
Max Rate	-1%

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SUSSEX DE
Property Address	109 READ AVE # D, D, DEWEY BEACH, DE 19971-3217
Transaction Type	Mortgage
Record Updated	Jun 16, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0198780298
Date	May 24, 2021
Book Page	19878/298
Instrument	20210000033718

Lender

Name	TRUIST BANK

Agreement

Type	Stand-Alone Refinance
Amount	Amount on Record
Term	361 Months
Due	Jun 1, 2051

November 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SUSSEX DE
Property Address	109 READ AVE # D, D, DEWEY BEACH, DE 19971-3217
Document Number	0179460097
Instrument Date	Nov 7, 2019
Transaction Type	Mortgage
Record Updated	Sep 28, 2020
Title Company	TITLE 365

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	109 READ AVE #D DEWEY BEACH DE 199713217, D, DEWEY BEACH, DE 19971-3217

Mortgage

Document Number	0179460097
Date	Nov 15, 2019
Book Page	017946/000097
Instrument	43528

Lender

Name	WELLS FARGO BK
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Nov 14, 2049

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2026 property tax bill for 109 Read Ave, #D was $2,328, down 0.3% from the year before.

Source: Sussex County assessment roll, as of September 18, 2026

Property Jurisdictions

Type	Name
State	Delaware
County	Sussex County
Municipality	Dewey Beach Town
Unified School District	Cape Henlopen School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,328.00 (-0.34%)	$36,600 (-) Land $5,250 Building $31,350	$955,400 (-) Land $540,300 Building $415,100
2025	$2,336.00	$36,600 Land $5,250 Building $31,350	$955,400 Land $540,300 Building $415,100
2023	$2,120.00	$36,600 Land $5,250 Building $31,350	$73,200 Land $10,500 Building $62,700

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 109 Read Ave, #D in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	5.0 ft
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on File median of 428 individual policies
Community Rating System	Class 9 (5% premium discount)
Nearby Flood Policies	1,007 units insured incl. 579 condo units
Nearby Flood Claims	366 (1984–2026)
Claims Outside the SFHA	8 of 366
Most Recent Claim	Jan 2026 · other causes
Claims by Event	Hurricane Sandy, Nov 2012 · 71 claims Severe Winter Storms, High Winds, And Flooding, Feb 1998 · 61 claims Severe Coastal Storm, Jan 1992 · 69 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 109 Read Ave, #D has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	DEWEY BEACH WATER DEPARTMENT serves 31,000 people · EPA ID DE0000825
Water Source	Purchased groundwater from REHOBOTH BEACH WATER DEPARTMENT
Last State Inspection	Apr 2024
Lead	Under 1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 521 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T.

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